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AUDCHF Discussion... 11 replies

AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies

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Queston CADCHF FOREX 1 reply

Attachments: Swiss Knife in cold butter (USDCHF, EURCHF, GBPCHF, AUDCHF, CADCHF, CHFJPY)
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Swiss Knife in cold butter (USDCHF, EURCHF, GBPCHF, AUDCHF, CADCHF, CHFJPY)

  • Poll

  • Whats your favorite swissy?
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  • Post #1
  • Quote
  • First Post: Edited Jun 26, 2009 11:44pm Jun 25, 2009 9:18am | Edited Jun 26, 2009 11:44pm
Well another thread by me just so everyone could discuss about the swissy.
Its true EURUSD is almost a mirror of USDCHF.

Please discuss here about it.
prepare for worst & expect the best
Can anyone tell me if they see the chfjpy going short today. Im in a sell trade on breakeven. This thing moves in consolidation and suddenly shoots a big candle. I hope im in the right direction today and a big bear candle.
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prepare for worst & expect the best
Quoting tony_dtrader
Can anyone tell me if they see the chfjpy going short today. Im in a sell trade on breakeven. This thing moves in consolidation and suddenly shoots a big candle. I hope im in the right direction today and a big bear candle.
hey man. i only trade usdchf and this is because it is a mirror of eurusd. i dont trade other chf pair. i like keeping it simple
from my chart i see chf appreciating versus usd in a short while. my bias could change if i see otherwise, but at the moment im short usdchf
Quoting tony_dtrader
Can anyone tell me if they see the chfjpy going short today. Im in a sell trade on breakeven. This thing moves in consolidation and suddenly shoots a big candle. I hope im in the right direction today and a big bear candle.
i dont trade this pair. but from the chart u posted, i can see a clear inverted head and shoulder so i think u shd be careful. if i were u i will buy the neckline. just my thought
Just to be clear about the mirror thing. EURUSD and USDCHF are not total mirrors of each other. They are negatively correlated at 97% (not 100%). You can actually trade a strategy which exactly exploits this 3% difference (on very small TFs).

Happy pips to all,
{Promotion Removed}
USDCHF correlated with EURUSD 97% is enough for me to be mirror thing.

I use price action USDCHF too when I trade EURUSD

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price action

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Today, I am very bullish with GBPCHF, this is on daily chart. Let's see if we will have couple of pips here. LONG GBPCHF, SL at almost 130 pips.
My edge ===> Patience
Quoting errich fx
USDCHF correlated with EURUSD 97% is enough for me to be mirror thing.

I use price action USDCHF too when I trade EURUSD

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price action

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Me too.
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Notice GBPCHF is almost the mirror of EURGBP. Only that when EURGBP moves 1 pip, GBPCHF moves 1.8-2 pips (on average).
forget about tomorrow, just steal away into the night
HI,

I am new to forex and I was wondering what you all thought about a recent claim that a multi-year long on USDCHF may result in several thousand pips?

Thanks heaps for your input!
CAD/CHF Buy stop @ 0,76148
SL @ 0,75054

Only thread i found which was appropriate to this.
Quoting M.Gold
CAD/CHF Buy stop @ 0,76148 SL @ 0,75054 Only thread i found which was appropriate to this.
Yeah, me 2, maybe there is a CADCHF thread but I didn't find it



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If you trade like me, you'll be homeless and broke within a week.
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I voted GBPCHF in the poll but today CADCHF is my favorite

Did any day traders get on board? It gave an extra sell signal on the big candle 4H down


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If you trade like me, you'll be homeless and broke within a week.
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  • Post #15
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  • Last Post: Aug 13, 2021 12:35pm Aug 13, 2021 12:35pm
Closing now at 122% of ADR, should be happy with that, can always get back on the trend next week

Assuming it's a new downtrend of course

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If you trade like me, you'll be homeless and broke within a week.
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